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john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in a little bubble next to the man's name on a piece of paper is technically how we endorse a person in america. mr. mcconnell does not see it that way. on the political wire the romney's campaign would have could have should have transition website today. surely, this was not supposed to go live until mr. romney actually won the election. the campaign did not wait. they presumably accidentally put it up, a transition website for president-elect romney, how to apply for a job with the new romney administration. looks like because they screen shot it before they finally
john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in...
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you heard john boehner willing to accept new revenue. heaharry reid in the senate, saying you can't push us around anymore. is this language that begins compromise. >> it will begin compromise, but it may be far more horrowing. it may be it takes place next year, rather than this year. the problem is john boehner himself has one more election. he wants to be re-elected as speaker of the house. that does not take place until january 3, 2013. if he cuts a deal with barack obama, he faces a serious revolt in his own caucus. >> tom: is your caution then don't expect a fiscal clip solution before january 3rd? is that what investors to expect? >> the best way out of this impasse for the time being, is gracious gesture for the president-elect, re-elect, president obama, he should offer to extend the tax cuts perhaps until march of next year. giving john boehner an opportunity to win his own re-election, and gather some goodwill on the republican side of the aisle. if mr. obama doesn't see it that way, we're in for a rough ride until next januar
you heard john boehner willing to accept new revenue. heaharry reid in the senate, saying you can't push us around anymore. is this language that begins compromise. >> it will begin compromise, but it may be far more horrowing. it may be it takes place next year, rather than this year. the problem is john boehner himself has one more election. he wants to be re-elected as speaker of the house. that does not take place until january 3, 2013. if he cuts a deal with barack obama, he faces a...
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>> the powerful speaker of the house of representatives, john boehner. that was just today and i'm here now with jonathan karl, who has covered the campaign, coverers congress for us. what did you hear? >> reporter: he said raising tax rates is unacceptable. there is an entirely different view of that on the other side of the aisle and at the white house. if the president campaigned on one thing, it was raising tax rates on the wealthy. they say any deal that doesn't do that is unacceptablunaccepta? >> no, what happens next now? i seem to hear the speaker saying, we can talk -- >> he wa >> reporter: he wanted to reassure everybody that a deal will be done. we're not going to get to the brink. we're not going to get to the point where the credit rating is again at risk. he said he's willing to talk about anything and he called himself the most reasonable man in washington. so, i think that he is determined to get something done. >> okay, jon karl, thank you. >>> and now, we're going to turn to the other big story of this day. it is the second storm moving
>> the powerful speaker of the house of representatives, john boehner. that was just today and i'm here now with jonathan karl, who has covered the campaign, coverers congress for us. what did you hear? >> reporter: he said raising tax rates is unacceptable. there is an entirely different view of that on the other side of the aisle and at the white house. if the president campaigned on one thing, it was raising tax rates on the wealthy. they say any deal that doesn't do that is...
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john boehner has already had one. he's going to have a second one. looks like something good is going to happen. if that happens, let's put our optimistic hats on. how good would that be for stocks? >> well, we have the economy moving ahead slowly now. with an acceleration, i believe, coming from rising housing prices and rising housing starts. housing prices in this country, which have been going down for five or six years, in the last six months have started up and they're up broadry and stro rly in many markets. this is not only going to drive housing starts higher but be a tremendous positive for consumer confidence because along with stocks, the value of people's house, the biggest asset they have. it's been under downward pressure. now it's headed the other way. >> right. i agree. this may have had an impact on the election, by the way, because it's so important to individuals. but let me just take you through this. if the so-called fiscal cliff is solved, we avoid the big year-end tax increase, ken heebner, what concerns a lot of people is tha
john boehner has already had one. he's going to have a second one. looks like something good is going to happen. if that happens, let's put our optimistic hats on. how good would that be for stocks? >> well, we have the economy moving ahead slowly now. with an acceleration, i believe, coming from rising housing prices and rising housing starts. housing prices in this country, which have been going down for five or six years, in the last six months have started up and they're up broadry...
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house speaker john boehner yesterday remained steadfast in his position on raising taxes. >> i remain optimistic we're going to be able to find common ground avoid this fiscal cliff and find a way to work together. >> by when? january 1st? >> i would hope so. >> the president is talking about specific increases. he campaigned on specific increases and tax rates from 35% to 39% for those making more than $250,000. so is that on the table right now? >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about? >> i made clear -- >> to have the wealthier americans pitch in. >> -- that raising tax rates is unacceptable. frankly, it couldn't pass the house. >> you will talk about it even if it's the wrong approach. >> of course we'll talk about it. we'll talk about all kinds of things we may disagree on. i'm the most reasonable, responsible here in washington. the president knows this. he knows that he and i can work together. the election is over. now it's time to get to work. >> speaker boehner sounded ready to pull b
house speaker john boehner yesterday remained steadfast in his position on raising taxes. >> i remain optimistic we're going to be able to find common ground avoid this fiscal cliff and find a way to work together. >> by when? january 1st? >> i would hope so. >> the president is talking about specific increases. he campaigned on specific increases and tax rates from 35% to 39% for those making more than $250,000. so is that on the table right now? >> raising taxes...
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so john boehner is the most reasonable, responsible guy in washington, according to john boehner. do you agree with that? >> well, you know, it's a new day. and perhaps there's a new john boehner. you know, i'm optimistic, and i think that, you know, elections clarify things and so i think this shows a very positive willingness to make a deal perhaps. >> ana, do you agree with that? >> well, zoraida, let's remember what the house of representatives is like. so it's not a high threshold to be the most responsible person in washington. but i do, you know, i do think that john boehner is doing everything he can to signal he's willing to work to the. i think he received a message that the american people said that they want to see some cooperation. and i do think john boehner is a businessman, a business oriented person who understands the economy, and understands that solving the fiscal cliff would be an important part of not having the economy go off a cliff again. now the big question is, okay, so john boehner thinks he's the most responsible person in washington. will his republic
so john boehner is the most reasonable, responsible guy in washington, according to john boehner. do you agree with that? >> well, you know, it's a new day. and perhaps there's a new john boehner. you know, i'm optimistic, and i think that, you know, elections clarify things and so i think this shows a very positive willingness to make a deal perhaps. >> ana, do you agree with that? >> well, zoraida, let's remember what the house of representatives is like. so it's not a high...
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remember two years ago john boehner was trumpeting the tea party. this was the movement that swept him into power in 2010, those midterms. now you hear him singing a very different tune, a very different tune than mitch mcconnell four years ago, pledging his only responsibility, job number one, was to see this was a one-term president. so that's some groundwork for the president also, where he's got a playing field that will be much more easier for him to reach out. again, i think he initially saw this campaign as a referendum on the way that republicans governed. if you look at those exit polls, it does show that there is support for the way the president wants to reform the tax code, raising taxes on the middle class, having those bush tax cuts expire. so there is some momentum that he has. it's not a clear, clear mandate because the popular vote, i think, was so close, but on that electoral map, it was a real walloping for republicans and the way that they have governed and the way they have gone about approaching very important issues. this is a
remember two years ago john boehner was trumpeting the tea party. this was the movement that swept him into power in 2010, those midterms. now you hear him singing a very different tune, a very different tune than mitch mcconnell four years ago, pledging his only responsibility, job number one, was to see this was a one-term president. so that's some groundwork for the president also, where he's got a playing field that will be much more easier for him to reach out. again, i think he initially...
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you had both harry reid and john boehner ready to go here, talking about this and they did begin with a tone that suggests a willingness to work together. kind of a post-election glow. but there are real differences. when you have harry reid who now has an even stronger advantage in the senate, talking about they don't want to be push around, he said. he would be willing to be conciliatory, another of his words, but they have a very strong view that voters are telling them that higher tax rates for the wealthiest would be essential to trying to deal with the long-term deficit. now john boehner had a very staged -- and i mean that in the setting type of speech, not in the words that he chose -- but he doesn't always use a teleprompter, doesn't always give a formal speech. >> yeah, this was very carefully done. in fact, i was talking to one white house source who was impressed, like, okay, that was very thoughtful. they think, okay, this is going to be serious. maybe there's something big here to be done. go ahead, kelly. >> i think that does suggest that boehner who easily won his re-e
you had both harry reid and john boehner ready to go here, talking about this and they did begin with a tone that suggests a willingness to work together. kind of a post-election glow. but there are real differences. when you have harry reid who now has an even stronger advantage in the senate, talking about they don't want to be push around, he said. he would be willing to be conciliatory, another of his words, but they have a very strong view that voters are telling them that higher tax rates...
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he called house speaker john boehner yesterday. house leaders from both parties conceding tuesday's election was a call to compromise. >> there's an alternative to going over the fiscal cliff. by working together and creating a fairer, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines in the sand, he's not going to draw any lines in the sand, i don't believe, and i think we need to work together. >> the ceo of a global asset management firm put the odds at 30 to 40% that the u.s. will fall off the fiscal cliff. let's hope he's wrong. >>> governor john hickenlooper of colorado says don't break out the cheetos or the goldfish, at least not yet, after voters passed a ballot measure legalizing the recreational use of marijuana. that's setting up a looming legal battle with the justice department. we have this statement from the dea. "the drug enforcement administration's enfo
he called house speaker john boehner yesterday. house leaders from both parties conceding tuesday's election was a call to compromise. >> there's an alternative to going over the fiscal cliff. by working together and creating a fairer, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines in the sand, he's not going to draw...
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i heard john boehner talk about that earlier today. certainly the president has consistently stressed that point. look, i feel like there is a pinprick of light here, and i know we can argue about how get there, whether it's broader base, higher rates, and clearly the president is on a different side than you guys. but that ought to be something we can sit down at the table and hammer out. >> steve moore, let me go to you on this. first of all, get your take on what president obama said. very interesting he said that. second of all you've got speaker john boehner being very conciliatory. but third of all, steve, i still don't hear anybody talking about cutting spending. i never hear about spending cuts. what's your take? >> i like the idea of the fiscal cliff. i think we should do the sequester. but i think the failure of barack obama's first term was that he tried to do everything with only democratic votes. you know, he tried to pass the -- he passed the stimulus with only democratic votes, the big health care bill with democratic vo
i heard john boehner talk about that earlier today. certainly the president has consistently stressed that point. look, i feel like there is a pinprick of light here, and i know we can argue about how get there, whether it's broader base, higher rates, and clearly the president is on a different side than you guys. but that ought to be something we can sit down at the table and hammer out. >> steve moore, let me go to you on this. first of all, get your take on what president obama said....
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john boehner not wanting the president to get all of the limelight, john boehner gave an exclusive one on one interview last night. she wasn't drunk. >> oh, really? >> bill: does anybody believe this? >> i'm the most reasonable responsibility person out here. the president knows he and i can work together. >> bill: i'm the most reasonable man in washington except eric cantor has a gun to my head. >> yeah. >> bill: and to show how totally in denial he is. >> i think this has been the host misreported story of my two years. we don't have a tea party caucus to speak of in the house. >> bill: maybe he should tell michele bachmann that who started the tea party caucus in the house. and tell the 63 tea party republicans that there is no tea party in the house. >> what is he doing? >> bill: i don't know. and again, all they do is lie. michele bachmann started the tea party caucus. maybe they don't always get their way, he can say, but they do. it is the tail wagging the dog we have seen that for the last two years under john boehner. he is not a bad guy, but he is not a leader, and he is not
john boehner not wanting the president to get all of the limelight, john boehner gave an exclusive one on one interview last night. she wasn't drunk. >> oh, really? >> bill: does anybody believe this? >> i'm the most reasonable responsibility person out here. the president knows he and i can work together. >> bill: i'm the most reasonable man in washington except eric cantor has a gun to my head. >> yeah. >> bill: and to show how totally in denial he is....
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he said let john boehner be john boehner he can negotiate a deal with the president without getting pressure from tea party caucus members. guest: i agree. let john boehner be in a position to negotiate from a position of strength not from a position of looking over his shoulder and having to second guess and ultimately a position of weakness going into these talks with the president. the spt emboldened and he could say john boehner i don't need you and if you keep this i'm going to run against your entire congress and all of you are going to be gone. he's looking at the longer ball as well. you have all these house members who will be in their fourth year by the time they get to 2014 and if there has been no movement. if the country perceives republicans are not working trying to resolve the problems, then guess what happens in two years. the public will turn and say that's it. we're just going to go in a completely different direction. so boehner needs the short term and long term opportunity to position the party on policy so that they can art cue late what we believe whether it's on taxe
he said let john boehner be john boehner he can negotiate a deal with the president without getting pressure from tea party caucus members. guest: i agree. let john boehner be in a position to negotiate from a position of strength not from a position of looking over his shoulder and having to second guess and ultimately a position of weakness going into these talks with the president. the spt emboldened and he could say john boehner i don't need you and if you keep this i'm going to run against...
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john boehner is dealing tw two tensions. he's trying to explain to his conference they have to increase leverage. they don't want to see a middle class tax hike as a result of them standing firm on all the brackets and then us going over the cliff and them being blamed. a political fight that would bruise them through 2013 and into '14, the year they want to pick up a majority in the senate and consolidate their majority in the house and look to the white house in 2016. so he's trying to convince them of the longer view while dealing with the fact many of them are extremely frustrated. they don't believe obama has a mandate, and they want to -- you know, they're spoiling for a fight. he's trying to work through thanksgiving. we're going to see any meat on this bone until after thanksgiving. everyone will take a time to sort of lick their wounds, and then he's hoping the leadership is hoping they can convince the conference to get this off of the table so there's no longer government on the brink and an emergency all the time
john boehner is dealing tw two tensions. he's trying to explain to his conference they have to increase leverage. they don't want to see a middle class tax hike as a result of them standing firm on all the brackets and then us going over the cliff and them being blamed. a political fight that would bruise them through 2013 and into '14, the year they want to pick up a majority in the senate and consolidate their majority in the house and look to the white house in 2016. so he's trying to...
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boehner i mean all these people tens of thousands of dollars lobbied by the m.e. can tend to speak on behalf of them really goes all across the board and it really makes the rhetoric. unless when you see the amount of money being funneled into shape the narrative bend freeman thank you so much extremely important everyone check out the book thanks for coming on thank you very much. so if you like what you see so far go to our you tube channel at youtube dot com slash break in a set and subscribe check out our facebook page at facebook dot com slash breaking the set you know the nature of the internet is that he is going to hate and troll is going to troll if you're intelligent you can always write me and let me know what you think and also if you're wondering about what i'm doing when i'm not on air follow me on twitter abby martin and i take a break from my preaching for now but stay tuned to hear exactly what this fiscal cliff talk is all about next. thanks. so two stories have dominated the mainstream media post-election on one hand we've got the tray of resign
boehner i mean all these people tens of thousands of dollars lobbied by the m.e. can tend to speak on behalf of them really goes all across the board and it really makes the rhetoric. unless when you see the amount of money being funneled into shape the narrative bend freeman thank you so much extremely important everyone check out the book thanks for coming on thank you very much. so if you like what you see so far go to our you tube channel at youtube dot com slash break in a set and...
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john boehner is in more trouble now. the senate democrats are more progressive than the people they are replacing. they still do not have 60. it is not quite a stand pat situation. i do not see anybody having that kumbaya moment. point of view up until tuesday night. i think we have been in a situation where both sides seemed to harden their positions as we go forward. i think there was a lot that changed tuesday. that environment is somewhat reflected in the statement that speaker boehner made yesterday afternoon. i was told about comments he made on a conference call about how they had to change the way they operate. you had a very significant victory by the president who campaigned on the issue of fiscal responsibility. is there going to be a change in tax rates? , 60% favored that nationwide. most wanted it on people over $250,000 a year. they wanted 25 of 30 open senate seats. i think they are coming back with a lot of wind in their sails, like the last session of congress or the resurgent republican majority came b
john boehner is in more trouble now. the senate democrats are more progressive than the people they are replacing. they still do not have 60. it is not quite a stand pat situation. i do not see anybody having that kumbaya moment. point of view up until tuesday night. i think we have been in a situation where both sides seemed to harden their positions as we go forward. i think there was a lot that changed tuesday. that environment is somewhat reflected in the statement that speaker boehner made...
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here is john boehner this weekend. >> 2013 should be the year to begin to solve our debt through tax reform and entitlement reform. together we should avert the fiscal cliff in a manner that ensures 2013 finally is that year. >> no accident, by the way, it was boehner who did the republican response to the president this weekend. the president holds the most leverage in the next two months, directly after the election and before tax rates expire. when the threat of a tax increase on the middle class hangs over the negotiations. republicans would like to try out the negotiations to see the political climate is better for them in the next congress. the big question is how much did the white house learn from the failed debt talk to 2011? will the president bypass leader ship and begin to try to deal directly with the republican senators who have sounded the most open to compromise. >> i think there is a deal. the ying and yang of this is we know there have to be revenues. look, i haven't met a wealthy republican or democrat in tennessee that's not willing 20 contribute more as long as t
here is john boehner this weekend. >> 2013 should be the year to begin to solve our debt through tax reform and entitlement reform. together we should avert the fiscal cliff in a manner that ensures 2013 finally is that year. >> no accident, by the way, it was boehner who did the republican response to the president this weekend. the president holds the most leverage in the next two months, directly after the election and before tax rates expire. when the threat of a tax increase on...
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how did the dynamics change for john boehner? do you agree that he is more empowered two years later to go back to his caucus and strike a deal? >> reporter: i assume he is, but i don't know if he can do it. and that's a great -- you know, i think the next three months are going to be fascinating to watch. does boehner have the guts to go and bring a compromise deal to the house floor that won't get a majority of his republican conference? can he -- does he have the guts to do that if the senate comes up with a compromise that gets 65 votes, gets 10 republicans on board, does he have the guts to do something like that? i don't know. i mean, you know, another part of this republican hand wringing that i'm surprised we're not hearing about is, you know, a lot of the reasons why, for instance, republicans lost senate seats, didn't gain them, but lost them. forget what happened two years ago in 2010 when they didn't win as many as they could have. they lost senate seats, which is still the biggest surprise, i think, of this election.
how did the dynamics change for john boehner? do you agree that he is more empowered two years later to go back to his caucus and strike a deal? >> reporter: i assume he is, but i don't know if he can do it. and that's a great -- you know, i think the next three months are going to be fascinating to watch. does boehner have the guts to go and bring a compromise deal to the house floor that won't get a majority of his republican conference? can he -- does he have the guts to do that if the...
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that means john boehner falling on the grenade. you could do that but when you have eric cantor and kevin mccarthy eager to reach underbelly and pull the pans on that grenade, and it's a little -- it makes it a little bit harder. you will not have a unified leadership to support this. bush took me most about statements on election lee -- election eve is what barack obama said. i want to sit down with mitt romney to see how we can work together to find that common ground. my guess is that mitt romney did not receive that statement with great enthusiasm and the denis. he was going through his own time of morning but having run a campaign in the last month built around that idea, i can reach that common ground. obama call them in and says we really need this. would you help build support for this deal that will have the support of the business community,. delaware of the interesting phenomenon. at the same time, we had an announcement today by simpson bowles both to buy selected a $5 billion in business support for going aggressively
that means john boehner falling on the grenade. you could do that but when you have eric cantor and kevin mccarthy eager to reach underbelly and pull the pans on that grenade, and it's a little -- it makes it a little bit harder. you will not have a unified leadership to support this. bush took me most about statements on election lee -- election eve is what barack obama said. i want to sit down with mitt romney to see how we can work together to find that common ground. my guess is that mitt...
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it's whether speaker john boehner can keep his republican caucus under control. tea party members last time, most of them freshmen, scuttled a lot of things that could have been done. that's the real issue. i do believe the president and speaker boehner can have a good relationship, certainly much better than senator mcconnell. can speaker boehner get his own troops in line? that's the fundamental question. >> there is an argument to be made, will. the president is supposed to lead the country, use his bully pulpit to get things done. why can't he use his bully pulpit to bring the two sides together? >> it depends on his desire for that. you heard roland laugh and me say right because he's not going to do that because he doesn't want to do that. by the way he's going to create a new secretary of business he has talked about, some kind of business department above and beyond secretary of commerce. maybe there's a position there, but he's just not going to fill it with mitt romney. this morning there seems to be a love affair with the idea of compromise. fine. okay
it's whether speaker john boehner can keep his republican caucus under control. tea party members last time, most of them freshmen, scuttled a lot of things that could have been done. that's the real issue. i do believe the president and speaker boehner can have a good relationship, certainly much better than senator mcconnell. can speaker boehner get his own troops in line? that's the fundamental question. >> there is an argument to be made, will. the president is supposed to lead the...
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harry reid, mitch mcconnell, john boehner, nancy pelosi, president obama. market rundown is next plus our daily rundown of undecided races including which democrat is being vetted on the hill though his race isn't officially over. first today's trivia question. who is the only speaker of the house to be elected president? [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. gives you a low national plan premium... so you can focus on what really matters. call humana at 1-800-808-4003. >>> breaking news this morning. we have the angus king news, nancy pelosi news, lots of other stuff on our radar. democrats are keeping a close eye on the vote tally in arizona and senator scott brown is hinting at his political future. first as new members make their way to capitol hill, allen west continues to fight for his seat. west has now filed a complained in st. lucie county y
harry reid, mitch mcconnell, john boehner, nancy pelosi, president obama. market rundown is next plus our daily rundown of undecided races including which democrat is being vetted on the hill though his race isn't officially over. first today's trivia question. who is the only speaker of the house to be elected president? [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100...
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that's what john boehner said we need to see. in reform you get more revenue, but not necessarily by taxing the people who could create the revenue and the jobs. >> austan, before he answers, i'm going to interrupt you. i'll let you answer on the other side. >> 350,000 jobless claims last week, drop from 8,000 claims from the week before and i'm going to go out on a limb and say hurricane sandy, this is the first number we've seen superstorm sandy mess up. we're going to start to see -- if you were hunkered down waiting for a hurricane you weren't necessarily going out to file first time unemployment benefits, were you? from here on out that's a good question for austan, too. we'll start to see a lot of noise in the economic reports as we try to figure out if the economy is healing because of sandy. >> first back to the tax reform question. can you answer that? >> therein lies the rub of the statement yesterday. if by raising revenue through tax reform meant let's go in and figure out how we broaden the base and get rid of deduct
that's what john boehner said we need to see. in reform you get more revenue, but not necessarily by taxing the people who could create the revenue and the jobs. >> austan, before he answers, i'm going to interrupt you. i'll let you answer on the other side. >> 350,000 jobless claims last week, drop from 8,000 claims from the week before and i'm going to go out on a limb and say hurricane sandy, this is the first number we've seen superstorm sandy mess up. we're going to start to...
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it's a very good question so just just imagine for a second to john boehner and you want to work with president obama how do you do that if you've demonized him to the extent that you have to his base that's one of the things that's so destructive about the what the republicans have had done over the last two to four years i don't see how they go back now and start working with president obama and you know to rachel's point which he was just saying ok you know we can talk about the global economy and foreign investment stuff like that i think those are all really good ideas but every country has to wrestle with some very basic things were guarding spending and taxes and we have a massive deficit in this country it's not one party's fault it's both parties fault to some extent and that's something that we have to wrestle with are we going to increase revenue are we going to cut spending we're going to do a little bit of both the republicans have given us absolutely no maneuverability on that over the last mission isn't necessarily to indicated yesterday that that's going to contain the
it's a very good question so just just imagine for a second to john boehner and you want to work with president obama how do you do that if you've demonized him to the extent that you have to his base that's one of the things that's so destructive about the what the republicans have had done over the last two to four years i don't see how they go back now and start working with president obama and you know to rachel's point which he was just saying ok you know we can talk about the global...
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we've heard from john boehner, we've heard from the president. we are lacking details, but it seems to me we're ahead in this conversation than we have been in the last six months. where do you see this going as the guy who looks into the credit risk of everybody in the world? >> i want to extrapolate, ali, from every experience in california. we voted for higher taxes in order to fund better education. and i think people are recognizing that fiscal sustainability has a newman rart and a deno, ma'minator. the numerator is about sustaining growth and paying debts. i think it's known that we need to establish both. it's not going to be a big jump, and i think richard is correct in reminding us this is a long haul, and let's focus on both the numerator and the denominator. >> the point steven has just made, and i will point out as well, you cannot have it both ways. you cannot remind us on the one hand that there is a $1.6 trillion deficit and on the other hand say we won't have tax raised. >> this is america. we've been doing that for 25 years. >>
we've heard from john boehner, we've heard from the president. we are lacking details, but it seems to me we're ahead in this conversation than we have been in the last six months. where do you see this going as the guy who looks into the credit risk of everybody in the world? >> i want to extrapolate, ali, from every experience in california. we voted for higher taxes in order to fund better education. and i think people are recognizing that fiscal sustainability has a newman rart and a...
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Nov 10, 2012
11/12
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>host: >> next, president obama and john boehner talk about the fiscal cliff. after that, the white house press briefing with jay carney. >> president obama says that tuesday's elections show that most americans agree with the deficit reduction plan. the president has invited presidential leaders to discuss the deficit and warned about the potential effects of the fiscal cliff. that is this series of tax increases and budget cuts that take effect in january if congress does not act. the president addressed an audience from the white house east room. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> ladies and gentlemen, the president and the vice president of the united states. [cheers and applause] >> thank you. thank you. thank you, everybody. thank you. thank you very much. thank you. thank you very much. everybody, please have a seat. thank you. good afternoon, everybody. now that those of us on the campaign trail have had a chance to get a little sleep, it is time to get back to work, and th
>host: >> next, president obama and john boehner talk about the fiscal cliff. after that, the white house press briefing with jay carney. >> president obama says that tuesday's elections show that most americans agree with the deficit reduction plan. the president has invited presidential leaders to discuss the deficit and warned about the potential effects of the fiscal cliff. that is this series of tax increases and budget cuts that take effect in january if congress does not...
WHUT (Howard University Television)
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Nov 14, 2012
11/12
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obama and house speaker john boehner are due to begin negotiations friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. speaking in washington, treasury secretary timothy geithner stressed the urgency of reaching a deal. >> i know the cliff is unattractive. it would cause a lot of damage to the american economy. a careful about those who argue and urge for "let's just extend while we negotiate." it will leave a different source of uncertainty on the table, like what would give the people the incentive to come back and do something tough. >> millions of workers in europe have joined a general strike today protesting the wave of spending cuts and tax hikes that has swept the continent in the name of austerity. spanish and portuguese workers are coordinating their strike with work stoppages also planned in greece, italy, france and belgium. we will have more on the strike after headlines. closing arguments have ended in a pretrial hearing to determine whether u.s. staff sergeant robert bales will face a
obama and house speaker john boehner are due to begin negotiations friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. speaking in washington, treasury secretary timothy geithner stressed the urgency of reaching a deal. >> i know the cliff is unattractive. it would cause a lot of damage to the american economy. a careful about those who argue and urge for "let's just extend while we...